The Kobeissi Letter
The Kobeissi Letter|Sep 16, 2026 16:56
Buckle up folks: If the Fed decides to leave interest rates unchanged today, it would deliver the biggest shock to market expectations since 1994. Otherwise, President Trump has threatened to "stop trading" with all countries that the US has a trade deficit with if the Fed does not CUT rates. That's ~50% of all US trading partners. The Fed's decision will be released in 70 minutes.
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